Did you know that over this decade 11,000 baby boomers are turning 50 each and every day? The ‘boomer’ generation here in America and Canada represents a huge demographic. Many boomers are now looking, or soon will be, for a sun-belt home as a primary residence, second home, vacation home, or rental/investment property.
For boomers looking for year-round sunshine and warm temperatures, the choices really narrow down to the Palm Springs area, southern Arizona, Florida, and Hawaii. The Coachella Valley offers a climate, amenities, and lifestyle many boomers are looking for, with resort lifestyle communities and properties in a wide variety of price ranges.
As the economy hopefully continues to recover, we expect the release of a pent up demand from boomers and others for resort lifestyle properties.